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Author Topic: Still safe to buy bitcoin?  (Read 1725 times)
yakelbtc (OP)
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October 29, 2015, 02:47:39 AM
 #1

 I have a question for the trader, now the price of bitcoin in $300 and icontinue increasing and somebody telling that it is manipulate the price of bitcoin and we don't know if suddenly will drop.

 DO you think still safe to buy bitcoin?

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October 29, 2015, 03:01:16 AM
 #2

Yes
nydiacaskey01
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October 29, 2015, 03:07:43 AM
 #3

Yes, you can and you should since you see the uptrend of the price range of BTC-USD.
You can still get profits from it if you act swiftly.
We just don't know how long this uptrend will last.
Rumors says it may last till 2nd week of November.
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October 29, 2015, 03:53:04 AM
 #4

I would say buy now as well. You will regret it next month if you don't, as there are only 2 days left in the month  Wink

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October 29, 2015, 06:26:37 AM
 #5

It's always safe if you buy with an amount of money that if you were to lose it, it wouldn't affect you.
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October 29, 2015, 06:47:53 AM
 #6

why not,?

the rocket have been successfully launched, it is still had time to drive at halfway.

see you on the moooooon   Wink

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rebuilder
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October 29, 2015, 06:54:26 AM
 #7

It's never safe in the sense that you know you won't lose your money. If you can't afford losses, don't buy.

Selling out to advertisers shows you respect neither yourself nor the rest of us.
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October 29, 2015, 07:18:03 AM
 #8

If you are ready to wait by still having faith on bitcoin, it's not too late to buy and hold. As per many veterans here, we can see bitcoin prices soon beyond an unimaginable price levels. So, buying now and waiting is recommended.

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October 29, 2015, 07:30:04 AM
 #9

try to avoid buying at ath. like i did.
had to wait literally years to break even. yes, buying at $30 did hurt in 2011 and all through 2012. sure feels good now.
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October 29, 2015, 07:38:12 AM
 #10

If you beleive that bitcoin will make it to say 400, does it really matter if it touches 260-280 first again? you make money anyway.

The problem is that it is near impossible to time the peaks and lows, so just live with it that you didn't buy at the perfect time.
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October 29, 2015, 07:41:05 AM
 #11

yes! It is good to buy bitcoins. But remember whenever you're going to buy bitcoins (for trading), invest how much you can afford to loss as well as. Because, you should always be ready to gain and loss. Smiley
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October 29, 2015, 07:55:13 AM
 #12

I remember a post in this forum a while back when a BTC was $220, saying I hope there's no excuse for people not buying and hodling, when the price is this low.  Grin

As a person who bought, but not as much as I should have, I hope it will get $200 only once more, and then to the moon.  Cheesy

Selfish, aren't I?  Cool
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October 29, 2015, 07:59:20 AM
 #13

If you are ready to wait by still having faith on bitcoin, it's not too late to buy and hold. As per many veterans here, we can see bitcoin prices soon beyond an unimaginable price levels. So, buying now and waiting is recommended.

I guess halving too far before we get into profits with respect to current bitcoin price trend. Once you buy now you will turn into profit in one or two days. So, it's not a big deal and more safer to buy bitcoin with current trend.

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October 29, 2015, 07:59:59 AM
 #14

I remember a post in this forum a while back when a BTC was $220, saying I hope there's no excuse for people not buying and hodling, when the price is this low.  Grin

As a person who bought, but not as much as I should have, I hope it will get $200 only once more, and then to the moon.  Cheesy

Selfish, aren't I?  Cool

Not at all... Everybody has to make a living..

On the topic "to buy or not to buy". I think the odds are pretty good that the price will rise in the near future. With those things going on in china, and the halving around the corner. There's never a guarantee tough!
If i had money i could afford to lose, i'd invest it  Smiley
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October 29, 2015, 10:12:55 AM
 #15

yes! It is good to buy bitcoins. But remember whenever you're going to buy bitcoins (for trading), invest how much you can afford to loss as well as. Because, you should always be ready to gain and loss. Smiley

When you are ready to wait means, nothing would be the wrong amount you can invest in buying bitcoin. I believe with the current upward trend of bitcoin will get you some decent profits in day one itself or more probably in day two. So, buying is now recommended.
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October 29, 2015, 10:17:51 AM
 #16

I have a question for the trader, now the price of bitcoin in $300 and icontinue increasing and somebody telling that it is manipulate the price of bitcoin and we don't know if suddenly will drop.

 DO you think still safe to buy bitcoin?

For the very short term I say, not really, as the Bitcoin price went up quite a bit in a short time. For the long term I say, hell yeah! If you plan to buy to hold at least a few years, then you will enjoy seeing your coins gain value throughout the years. But you do need patience and steel balls as there will be moments where the price will go down due to panic sellers.
yakelbtc (OP)
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October 29, 2015, 10:19:34 AM
 #17

As you said that I can buy what I can afford to lost so im planning to buy now with the current price if ever it will drop I will buy again so I can average down the price of btc that I buy in high price.

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October 29, 2015, 10:24:06 AM
 #18

it was safe from above 200 already, no signal of sub 200 by a long shot, ai would by everything from there if i had the money, but since i have acquire bitcoin in other way, it's not needed for me
yakelbtc (OP)
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October 29, 2015, 10:26:35 AM
 #19

I have a question for the trader, now the price of bitcoin in $300 and icontinue increasing and somebody telling that it is manipulate the price of bitcoin and we don't know if suddenly will drop.

 DO you think still safe to buy bitcoin?

For the very short term I say, not really, as the Bitcoin price went up quite a bit in a short time. For the long term I say, hell yeah! If you plan to buy to hold at least a few years, then you will enjoy seeing your coins gain value throughout the years. But you do need patience and steel balls as there will be moments where the price will go down due to panic sellers.
Yes I agree of your advice the current price now is so high and we dont know when it will drop so if im a short term trader of bitcoin I wouldn't buy but im a long term investor of bitcoin so I will buy wat ever the price then if will drop the price I still buy so my average will go down, it that ok strategy?

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October 29, 2015, 10:27:29 AM
 #20

No risk no play.

The gamble right now is are we out of the 200-300 range? If it starts sliding down here - then we'll probably go back to around 220. If it crosses 316 - then we are out of the 200-300 range and maybe people will buy believing this is the start of a next rally. It that will be enough to really start it is impossible to tell. But on all the previous bubbles it was the same situation.
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